The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Live2Sail who wrote (105447)	2/17/2008 11:36:24 AM
From: Sea Otter	Read Replies (2) of 306849

Very true. And while awaiting the apocalypse, check this out: redfin.com A grungy townhouse on a grungy lane in grungy Menlo Park - asking price $1.4M. We visited this property. While not a dump or possible former meth lab, it certainly isn't what one would call an top-end place. Nor is the situation good - it backs right onto an apartment and medical complex. The only positive is that it is close to downtown. Saves on SUV gas costs. So: if they get anything close to asking, I think we can infer that the bubble remains alive and well in this area. (Or, that they just got lucky and a rich moron came along).

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